Global Mining News in real time

Silvercorp sees profit drop 26%, blames 'short and distort' scheme

By: Matthew Hill Silvercorp Metals, which is suing the anonymous short sellers that accused it of fraud last year, on Wednesday reported a 26% year-on-year drop in proft for the quarter ended December 31, to $27-million, owing to lower production and a higher tax bill at its main Chinese operation. Revenue for... 

Silvercorp to reward shareholders with any damages from NY lawsuit

By: Matthew Hill Silvercorp Metals, suing its anonymous fraud accusers in a New York County Supreme Court suit, will return any damages it wins to shareholders, chairperson and CEO Rui Feng said on Friday. "The money we can claim back, we will just give to all the shareholders, if we can claim back for all the... 


Latest News


Latest Videos



Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
R/€ = 13.13Change: -0.06
R/$ = 11.56Change: 0.01
Au 1262.45 $/ozChange: 3.15
Pt 1228.50 $/ozChange: 11.00